17 Jul 2007 16:34
17 July 2007
Result of EGM, Director Shareholding and Additional Listing
Brady plc
Brady plc ("the Company") is pleased to announce that all the proposed resolutions were duly passed at the Extraordinary General Meeting ("the EGM") held today.
As a result, the conditional placing of 1,000,000 new Ordinary Shares of 1p each in the capital of the Company ("Shares") to Paul Fullagar, Non-Executive Chairman, at a price of 60 pence per share, as previously announced on 20 June 2007, becomes effective today. Following the placing, Mr Fullagar now holds 1,000,000 Shares representing 3.7% of the Company's issued share capital, which now stands at 27,313,016 ordinary shares.
Application will be made to AIM for admission of the 1,000,000 Shares. These Shares will rank pari passu in all respects with the existing shares in issue and admission is expected to become effective on 23 July 2007.
For further information, please contact:
Brady plc +44 (0)1223 479479 Robert Brady, Chief Executive Officer Tony Ratcliffe, Finance Director Oriel Securities Limited (Nominated +44 (0)20 7710 7600 Adviser)
Andrew Edwards
BRADY PLC